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17 stories

Adaptive Insurance adds $5M to sell coverage for a less stable grid
FundingMara Whitfield · 5d

Adaptive Insurance adds $5M to sell coverage for a less stable grid

The Austin insurtech writes parametric policies for power outages and severe weather, betting that climate volatility is a growing line of business.

EnergyX secures $225M from Italy's Eni for its Chilean lithium play
FundingMara Whitfield · 6d

EnergyX secures $225M from Italy's Eni for its Chilean lithium play

The Austin direct-lithium-extraction developer traded a minority stake in a Chilean asset for strategic backing from a European energy major.

inKind lands $320M from Liberty Mutual to bankroll restaurants
FundingMara Whitfield · Jul 6

inKind lands $320M from Liberty Mutual to bankroll restaurants

The Austin platform gives restaurants upfront capital in exchange for food-and-beverage credit it resells to diners. Its newest backer is an insurer's investment arm.

Wander pulls in $64.1M to scale its hotel-grade vacation rental network
FundingMara Whitfield · Jul 5

Wander pulls in $64.1M to scale its hotel-grade vacation rental network

The Austin travel-tech company added to its Series B as it pushes WanderOS, the software layer it uses to standardize service across independently owned homes.

AI and defense tech swallow the week's biggest venture rounds - and Austin keeps showing up
FundingMara Whitfield · Jun 26

AI and defense tech swallow the week's biggest venture rounds - and Austin keeps showing up

The latest tally of the largest U.S. financings was dominated by AI inference and frontier models, with Austin-linked names threading through the list.

Medical-device maker Dyme raises a $10M Series A
FundingMara Whitfield · Jun 26

Medical-device maker Dyme raises a $10M Series A

The Austin company, which builds commercial medical products for healthcare providers, drew a Series A led by Umami Capital.

General Intuition's $320M bet that video games can train real-world AI
NationalJordan Vance · Jun 25

General Intuition's $320M bet that video games can train real-world AI

Khosla Ventures led the Series A for a startup using billions of hours of gameplay to teach machines spatial reasoning - the same physical-AI problem Austin's robotics scene is chasing.

FundingMara Whitfield · Jun 24

Austin's Ollin Biosciences lands oversubscribed $330M to take eye-disease drug into Phase 3

The clinical-stage Austin biotech says the round will fund global Phase 3 trials of a drug it is positioning against Roche's blockbuster Vabysmo.

FundingMara Whitfield · Jun 22

NinjaOne hits a $12.3B valuation on more than $400M in new funding

The Austin IT-operations software maker stayed founder-led and profitable as it raised secondary capital from Wellington, Sequoia, ICONIQ and others.

MaverickX lands $8M, with an oil producer leading the round
FundingMara Whitfield · Jun 22

MaverickX lands $8M, with an oil producer leading the round

The Austin startup's chemistry-based technology aims to squeeze more crude out of existing shale wells, and Chord Energy led the funding.

Austin venture funding hits an all-time high, led by AI and robotics
AIDev Okonkwo · Jun 10

Austin venture funding hits an all-time high, led by AI and robotics

Crunchbase data shows the city's startups raised record capital, with AI, robotics and advanced manufacturing leading the pack.

Anthropic raises $65B, leapfrogs OpenAI as the most valuable AI startup
NationalJordan Vance · May 29

Anthropic raises $65B, leapfrogs OpenAI as the most valuable AI startup

The Series H values Anthropic at $965 billion post-money and arrives days before a confidential IPO filing.

Avoca hits $1B valuation selling AI voice agents to plumbers and HVAC shops
AIDev Okonkwo · Apr 27

Avoca hits $1B valuation selling AI voice agents to plumbers and HVAC shops

The startup's agents answer calls, book jobs and chase estimates for service businesses — and it's on track to book $1 billion in work this year.

Q1 venture funding hits a record $300B as AI swallows the market
NationalJordan Vance · Apr 10

Q1 venture funding hits a record $300B as AI swallows the market

Four of the five largest venture rounds ever recorded closed in a single quarter, and AI took the vast majority of the dollars.

Saronic raises $1.75B at a $9.25B valuation to build autonomous warships in Texas
AIDev Okonkwo · Mar 31

Saronic raises $1.75B at a $9.25B valuation to build autonomous warships in Texas

The Austin defense startup more than doubled its valuation as the Pentagon leans on cheaper, software-defined naval hardware.

AIDev Okonkwo · Feb 23

Circuit pulls $30M angel round to put AI on the factory floor

Silicon Labs veterans bet that AI can capture the institutional know-how walking out the door as experienced workers retire.

NationalJordan Vance · Jan 9

xAI raises $20B and pushes Colossus toward 2 gigawatts in Memphis

Musk's AI company closed its Series E above target and bought a third Memphis building to expand the world's largest single-site training cluster.

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